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Monday, August 20, 2007

Buckingham Square in Richardson acquired by Baltimore company

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Could Buckingham Palace be next?

Photo not provided by Phillips Edison & Company, the British

Could Buckingham Palace be next?

Phillips Edison & Company, a retail real estate owner, manager and developer, announced the purchase of Buckingham Square Shopping Center.

Located in Richardson, Texas, Buckingham Square is a 64,753 square foot community shopping center with tenants such as Dollar General and Poncho & Lefty's Restaurant.

Lyn Harper, Acquisitions Officer for Phillips Edison said: "Buckingham Square represents our 4th acquisition in the Dallas/Ft. Worth area. We look forward to improving the appearance and occupancy of this Wal-Mart Neighborhood Market shadow-anchored center."

Phillips Edison & Company, with offices in Baltimore, Maryland, Cincinnati, Ohio and Salt Lake City, Utah, owns and manages 205 neighborhood and community shopping centers totaling over 23 million square feet in 33 states.

Source: Phillips Edison & Company


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